CIBC Long-Term GIC

With a CIBC Long-Term GIC, you deposit money for 1 to 7 years* and earn a guaranteed rate of interest. The longer you keep the money invested, the higher the rate of interest you generally earn. At the end of the term, we return the full amount of your deposit plus interest - guaranteed.


  • Non-redeemable

Minimum investment

  • $1,000
    ($5,000 if you require monthly interest payments)

Terms available

Access to funds

  • At maturity only


  • Can be paid into your bank account monthly, quarterly, semi-annually, or annually, giving you regular income
  • Or, interest can be calculated and added to your GIC principal each year, allowing you to earn interest on your interest

Is this GIC right for your business?

The CIBC Long-Term GIC could be right for your business if any of the following apply:

  • You want a secure investment with guaranteed returns
  • You want to put funds aside for future goals such as a major purchase
  • You are willing to lock in your deposit for a longer period so you can earn a higher rate of interest
  • You will not need access to your money before the GIC matures

Useful information:

  • Principal and interest can be automatically renewed or deposited into your bank account
  • For terms of less than 1 year, simple interest is paid at maturity
  • For terms of 1 year or more, simple interest is paid when you select the monthly, quarterly, semi-annual or annual interest payment option; or, compound interest is calculated annually and paid at maturity
  • This GIC is issued by CIBC Trust Corporation and qualifies as collateral for loans

Know how to Start Strong

Kick-start your new business with planning ideas and expert guidance from the CIBC Start Strong Program for Business..

Learn more

Interested in a CIBC Long-Term GIC?

Visit your local CIBC Banking Centre and talk to a business advisor.

Contact us

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